Daily News 2/10/2015
February 10, 2015
Tuesday – February 10
Job openings in the U.S. rose to the highest level since 2001 in December, due to a rise in consumer goods and services. The Labor Department reported that its JOLTS (Job Openings and Labor Turnover Survey) report saw that there were 5.03 million job openings in the last month of 2014, up 181,000 from November. In addition, more workers were willing to quit their jobs, which signals that people could find another job as the sector continues to improve. The increase in job openings were seen in retailers, construction companies, professional and business services, and education and health care providers, while the manufacturing sector saw a decline.
Spring is in the air! Home Depot announced today that it will be hiring 80,000 additional workers around the country as it ramps up for its busiest season of the year, springtime. The home improvement giant will be hiring in its retail stores as well as in its distribution centers to cope with the big demand for spring seasonal products. Home Depot operates 2,200 stores around the country and employs 300,000 people year round.
The home foreclosure arena has been improving since the Great Recession ended back in June of 2009. Analytics firm CoreLogic reported that there were 39,000 foreclosures nationally in December 2014, down from the 46,000 in December 2013. The report went on to read that in 2014, the annual sum of completed foreclosures declined by 15% from the 662,000 reported in 2013. According to the report, “In 2014 [completed foreclosures] were less than half the 1.2 million peak in 2010, but remain twice the normal activity over 10 years ago.”
